Comment for Proposed Rule 75 FR 3281
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From:
Ben Letto
Organization(s):
SBG Trading Corp
Comment No:
775
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00775
From:
Sent:
To:
Subject:
Ben L
Tuesday, January 19, 2010 6:15 PM
secretary
Regulation of Retail Forex
I'd like to comment regarding RIN 3038-AC61.
I'm a trading professional and I work for traders. Most of them are currency traders. I oppose any
consideration that moves to limit the leverage in spot currency trading below 100:1. I admire your
desire to protect new traders from the dangers of high leverage trading. However, moving the leverage
below 100:1 will have a negative effect on existing, profitable traders and it will also unduly discourage
new traders from entering the industry.
Thank you for your time,
Ben Letto
SBG Trading Corp.
www.affordableindicators.com
www.B ackToTheFutureTrading, corn
